Ga naar artikel navigatie Ga naar inhoud

De pagina ververst bij het selecteren van een onderwerp.

Sla artikel navigatie over.

Additional notes


Transactions with related parties

The following table provides the details of transactions that have been entered into with related parties for the relevant financial years. All transactions with related parties were made on terms equivalent to those that prevail in arm’s length transactions.

RELATED PARTY TRANSACTIONS

EUR x 1,000

Amount of
transaction

Amounts due from
related parties
at year-end

Amounts due to
related parties
at year-end

Fund management fee

   

2024

(13,602)

401

-

2023

(13,109)

-

410

    

Other receivables and interest

   

2024

-

-

-

2023

-

-

-

    

Acquisitions of completed investment property

   

2024

-

-

-

2023

-

-

-

    

Prepayments on assets under construction

   

2024

28,109

-

-

2023

30,464

-

-

Fund Management fee

The ARC Fund’s management fee has been paid to the Fund Manager, Amvest REIM B.V.

Transactions with direct stakeholders

The Investors of the ARC Fund and/or their shareholders or regulators did not have any personal interest in investments by the ARC Fund in 2024. As far as the ARC Fund is aware, no property transactions took place during the year under review with persons and/or organisations that can be regarded as direct stakeholders of the ARC Fund, other than as mentioned in the paragraph “Transactions with related parties”.

Off-balance sheet commitments

As at 31 December 2024, the ARC Fund has obligations with respect to new investment property to be developed in future years. The total amount with respect to these obligations for 2024 onwards adds up to EUR 145 million.

Off-balance sheet rights

In 2024, the ARC Fund has received 1 subscription form (2023: 0 forms). The total amount of off balance sheet rights for 2025 amounts to EUR 30 million relating to an undrawn commitment from the new participant which subscribed in 2024 (2023: EUR 0).

Auditor’s fee

With reference to Articles 2:382a (1) and (2) of the Dutch Civil Code, the following fees for the financial year as well as the previous year have been charged by KPMG Accountants N.V. to the ARC Fund.

Auditor’s fee
 

KPMG
Accountants N.V.

KPMG
Advisory N.V.

Total

EUR x 1,000

2024

2024

2024

Audit of annual accounts

(287)

-

(287)

Other assurance services

(41)

-

(41)

Tax advisory services

-

-

-

Other non-audit services

-

-

-

 

(328)

-

(328)

 
 

KPMG
Accountants N.V.

KPMG
Advisory N.V.

Total

EUR x 1,000

2023

2023

2023

Audit of annual accounts

(226)

-

(226)

Other assurance services

(41)

-

(41)

Tax advisory services

-

-

-

Other non-audit services

-

-

-

 

(267)

-

(267)

Subsequent events

There were no significant subsequent events at the reporting date that require reporting.

Amsterdam, the Netherlands, 16 April 2025

G.N. von der Thüsen, Director Finance and Risk

D. Anakram, Portfolio Manager

(0) articles in My report